Insurance cover for solar panels is based upon your risks of the business, installing solar panels usually involves working on roof tops and in 'unusual' locations which by their very nature involves a certain level of risk for the business, employees and the general public.
However, not all businesses have the same risk considerations and not all solar panel installations are the same nor are the businesses all the same size and so therefor do not require the same cover.
We have experience in the supply of cover for the renewable energies industry especially solar panel installers and can offer advice and information on the type of cover you will need for your business. In some cases we can visit your business and will help you build a risk presentation for insurers. We can also help you with taking photos to keep a log of your assets. We will then send your risk presentation to a dozen or so insurers to make sure your cover is placed with an appropriate company for your level of risk.
Some of the covers we can include:
Contractors All Risks (Contract Works, Hired in Plant & Own Plant)
Goods in Transit or Marine Insurance
Environmental Liability Insurance
If you are also involved in any other renewable energies such as Wind Turbines or Wind Farms we can give you advise on these as well.
This covers any injury or illness that any member of the public may incur due to partaking in your services or that is in some way your responsibility. Unlike Employers' Liability this is not required by law, although it is a very good idea for anyone in the your industry to have public liability. Without Public Liability the company, or even its directors or owners can be held responsible for any loss or claim, potentially bankrupting not only the business but its owner or directors as well.
Employers are responsible for the health and safety of their employees while they are at work. Your employees may be injured at work or they, or your former employees, may become ill as a result of their work while in your employment. They might try to claim compensation from you if they believe you are responsible. The Employers’ Liability (Compulsory Insurance) Act 1969 ensures that you have at least a minimum level of insurance cover against any such claims. Employers' Liability insurance carries NIL excess
This is a form of liability insurance that helps protect professionals advice and services. The cover focuses on alleged financial loss caused by the service sold by the solar panel installation company. These are potential causes for legal action that would not be covered by a more general liability insurance policy.
Lawsuits against solar panel installers have increased over the last few years. This is due to countless clients and customers who believe they have suffered when professional services have not given the correct advice.
As solar panel installers you will be advising potential customers on both energy savings and Feed In Tariffs returns that the building owner will expect to receive. You may also be responsible for the design, specification and layout of the panels including determining the structural impact on the roof area following the installation.